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You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond

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You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Rate Maturity Mo/Yr May 28 Bid Asked 103.5501 103.5379 Ask Chg Yld +.3054 2059 ?? 104.4991 104.6448 7.4329 May 33 . 5.374 ?? 7.5444 6.178 May 43 ?? ?? 4.091 a. In the above table, find the Treasury bond that matures in May 2043. What is the asked price of this bond in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. If the bid-ask spread for this bond is .0545, what is the bid price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Asked price Bid price b

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